Tag: Commerzbank London

Europe’s “Best Trade Bank”: Commerzbank builds its track record in TFR’s awards

Commerzbank has been recognised by leading specialist publication Trade & Forfaiting Review as the “Best Trade Bank in Europe”. The accolade is the latest in a series of successes for Commerzbank in the magazine’s “Excellence in Trade Awards“, having taken the German title in 2016. Commerzbank’s Alexandre Bessy, Vice President, Advisor Trade Services, takes home the prize.

Commerzbank’s Angela Koll discusses the rise of the BPO in Treasury Today

In an interview with specialist financial publication, Treasury Today, Angela Koll, Vice President, Specialist Trade & Supply Chain Finance at Commerzbank, sets out the reasons why banks and companies are making ever greater use of the ‘Bank Payment Obligation’ (BPO). A BPO is a digitalised trade instrument that electronically matches data on trades, invoices and …

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A landmark transaction for Commerzbank as it completes its first UK BPO

The transaction was orchestrated between UniCredit and Commerzbank’s London office, and covered the export of chemicals from Ireland to Italy. Commerzbank’s customer, the supplier, is Shannon-based chemicals company, Heraeus Metal Processing Ltd. The buyer, UniCredit’s customer, is Ecocat Italia Srl, an automotive parts producer in Genoa. Transactions between the two were previously handled by open …

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